HR Manager
Faris Nashat Al Otaibi Est
Total years of experience :17 years, 4 Months
Project:
• KJO- Al Khafji Joint Operations (Aramco Gulf Operations- Kuwait Gulf Oil Company) under Faris Nashat Al Otaibi Est, Al Khafji, Eastern Province, Saudi Arabia. (Oil & Gas - Energy - Chemicals - Maintenance & Operations).
• Sub-contract of HVAC Works associated with ADCO BAB Gas Compression Project, Abu Dhabi.
Prime Responsibility:
• Provide input and recommendations for cost engineering requirements relative to staffing, project controls, and preparing and analyzing comparisons of scope, quantities and cost data between the project forecasts and the budgets.
• Organize, monitor and control project costs and will define project needs for cost control in accordance with contractual requirements, objectives and Company procedures.
• Analyze a variety of complex financial data in order to perform following accounting processes: budget development, reconciliation and variance reporting for assigned areas, reconcile assigned accounts, prepare internal and external reports and prepare asset valuations. Identify and resolve data issues. Analyze financial data to identify adverse trends and recommend solutions to mitigate financial impact.
• Prepares reports which summarize and forecast company business activity and financial position in areas of income, expenses, and earnings based on past, present, and expected operations.
• To monitor the performance of awarded contracts, checking and agreeing on the accuracy of monthly payment applications during the life of the contract and at completion of work. To assist in the review and settlement of any claims raised by the contractor.
• Assist with management of external audits including but not limited to financial, insurance, and tax; coordinate and interact with auditors.
• Advice management regarding forecasted costs overruns of approved budgets and recommends corrective actions.
• Monitor Labor and Non-Labor Costs during project execution. Finalizing rates for extra works and variation orders.
• Provide Cost data into project controls system and issue weekly reports on project cost status vs. budget.
• Prepare regular status reports and forecasts for project management and client review.
• Prepare inputs for project Invoices, Finalizing claims with management.
• Assist Project Engineers in contractual cost compliance during negotiations of scope changes.
• Directs determination of depreciation rates to apply to capital assets.
• Develop and report KPI' s to Project Managers and the Project Director.
• Support interim and year-end audit and provide assistance to external auditor, if required.
• Evaluate and recommend process, procedure, cost improvements and efficiencies to enhance workflow, reporting and cost awareness; assist with implementing changes through systems and people.
• Prepares asset, liability, and capital account entries by compiling and analyzing account information.
• Documents financial transactions by entering account information, recommends financial actions by analyzing accounting options.
• Reconciles financial discrepancies by collecting and analyzing account information.
• Participate in and prepare accurate month-end, quarter-end and year-end accounting close cycles and development of subsequent internal and external financial statements, required regulatory reporting forms and tax filings.
• Prepares special financial reports by collecting, analyzing, and summarizing account information and trends.
• Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.
• Responsible in making the variance analysis report summary regularly.
• Substantiates financial transactions by auditing documents.
• Maintains accounting controls by preparing and recommending policies and procedures.
• Guides accounting clerical staff by coordinating activities and answering questions.
• Secures financial information by completing data base backups.
• Prepares payments by verifying documentation, and requesting disbursements.
• Answers accounting procedure questions by researching and interpreting accounting policy and regulations.
Worked at KJO - Al Khafji Joint Operations (Aramco Gulf Operations - Kuwait Gulf Oil Company) & Saudi Arabian Chevron in Mina Alzour Kuwait under Saad AL-Din Mursi Abu Baker Company, Saudi Arabia & Kuwait.
(Oil & Gas - Energy - Catering - Hospitality - Retail - Maintenance & Operations) as Senior Accountant & HR Manager.
Prime Responsibility:
• Responsible for cost control, budgeting, estimating and forecasting of material, labor, subcontractors, and other costs.
• Responsible for providing the information required by the Project Team to adequately control project and ultimately control and forecast the project program.
• Coordinates project funding and tracks cost. In close coordination with extended project team, develops and maintain program schedules and cost reports.
• Coordinate with Financial functions to ensure implemented processes conform to internal control evaluation requirements.
• Responsible for the quality and approval of all internal / external project controls procedures, cost reports and weekly/monthly reports.
• Manage resource authorization, resource reporting, forecasting and home office engineering man hours and cost.
• Collect, input, coordinate with project team and prepare charts and graphics for project weekly, bi-weekly and monthly reports.
• Perform monthly/quarterly close process ensuring all entries are accurate and processed timely for assigned areas.
• Complete analysis/reconciliations of income statement and balance sheet accounts and investigates deviations from forecasts or historical trends.
• Provide accurate and timely financial statements and reports to management.
• Manage and process Monthly payroll for 2000 employees.
• Manage the process of evaluating employees, setting goals, conducting objective performance reviews, and recognizing and awarding performance to improve productivity.
• Handle employee terminations, grievance, and other difficult situations in a sensitive, fair and respectful manner, working closely with legal council, supervisors, and management.
Identify talent and aspirations of individual employees and provide coaching aimed at motivating them to undertake the necessary training required to advance their careers within the company.
• Develop job profiles and source from major job boards; select, interview and hire candidates in collaboration with department managers.
Plan and develop on-the-job training programs for line employees and career development programs for managers with a focus on retaining existing talent and reducing employee turnover.
Worked at Aldewaneyah engineering consults office, Dammam, Eastern Province - Saudi Arabia (Civil Engineering - Construction - Survey & Project Studies) as Senior Accountant & HR Manager.
Prime Responsibility:
• Responsible for cost control, budgeting, estimating and forecasting of material, labor, subcontractors, and other costs.
• Responsible for providing the information required by the Project Team to adequately control project and ultimately control and forecast the project program.
• Coordinates project funding and tracks cost. In close coordination with extended project team, develops and maintain program schedules and cost reports.
• Coordinate with Financial functions to ensure implemented processes conform to internal control evaluation requirements.
• Responsible for the quality and approval of all internal / external project controls procedures, cost reports and weekly/monthly reports.
• Manage resource authorization, resource reporting, forecasting and home office engineering man hours and cost.
• Collect, input, coordinate with project team and prepare charts and graphics for project weekly, bi-weekly and monthly reports.
• Perform monthly/quarterly close process ensuring all entries are accurate and processed timely for assigned areas.
• Complete analysis/reconciliations of income statement and balance sheet accounts and investigates deviations from forecasts or historical trends.
• Provide accurate and timely financial statements and reports to highly management.
• Responsible for providing the information required by the Project Team to adequately control project and ultimately control and forecast the project program.
• Coordinates project funding and tracks cost. In close coordination with extended project team, develops and maintain program schedules and cost reports.
• Coordinate with Financial functions to ensure implemented processes conform to internal control evaluation requirements.
• Responsible for the quality and approval of all internal / external project controls procedures, cost reports and weekly/monthly reports.
• Manage resource authorization, resource reporting, forecasting and home office engineering man hours and cost.
• Collect, input, coordinate with project team and prepare charts and graphics for project weekly, bi-weekly and monthly reports.
• Perform monthly/quarterly close process ensuring all entries are accurate and processed timely for assigned areas.
• Complete analysis/reconciliations of income statement and balance sheet accounts and investigates deviations from forecasts or historical trends.
Work at Kuwait Airways Alexandria - Egypt (Airlines & Aviation) as Administrative Coordinator.
